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USD/CAD slipped 20 pips overnight.....>

DOLLAR-CANADA
DOLLAR-CANADA: USD/CAD slipped 20 pips overnight and last trades at C$1.3265, as
oil prices jumped back above $51/barrel, buoyed by an improved risk backdrop in
Asian hours, while the greenback struggled, pressured by protracted U.S. gov't
shutdown. 
- Worth noting Sino-Canadian diplomatic tensions triggered by the arrest of
Huawei CFO Meng in Vancouver, followed by a series of retaliatory detentions,
may continue to escalate after a Chinese court sentenced a Canadian citizen to
death for drug trafficking. 
- Initial layer of support is provided by C$1.3253, which represents yesterday's
low, and a fall through this level would open up the 100-DMA at C$1.3189, which
remains key focus for bears to extend the recent downtrend. Conversely, bulls
keep an eye on the nearby cloud top at C$1.3277, ahead of C$1.3298, where
USD/CAD peaked yesterday. 
- Canada awaits the release of domestic CPI figures on Friday.

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